SBI Funds invests $11.3m in Lenskart ahead of IPO


SBI Mutual Fund, through two of its Alternative Investment Funds (AIFs), has made a significant pre-IPO investment of ₹100 crore (approximately $11.3 million) in India’s leading eyewear retailer Lenskart Solutions Limited. The infusion comes just days ahead of Lenskart’s highly anticipated initial public offering (IPO), positioning SBI as a key institutional investor in one of India’s most valuable consumer tech companies.

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